Perform an ABC analysis for the data provided below. Clearly explain why you classified items as A,B, or C.

Item Annual Usage Unit Cost

1 1000 $125.00

2 5000 $67.00

3 1350 $25.30

4 1600 $42.90

5 2700 $51.75

6 4750 $17.30

7 6300 $35.80

8 2400 $14.60

9 2000 $15.40

10 500 $40.50

11 820 $82.60

12 5800 $35.62

13 9000 $44.90

14 8200 $3.60

15 750 $55.70

16 6000 $4.50

17 3200 $6.80

18 8500 $10.20

19 6200 $32.60

20 2400 $19.51